Synapse Welcomes New Bank Partner, Lineage Bank, Expanding Our Multi-Bank Partnership Strategy

Carla McMorris

Synapse is partnering with Lineage Bank to make it faster and easier for fintech companies to launch and scale a wide range of financial services and products. A part of Synapse’s multi-bank strategy, the partnership will enable fintech companies and other non-banks to build and deliver innovative financial apps and services.

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“Lineage is a nimble, fast-moving bank that recognizes the power of the BaaS space to serve more customers,” said Sankaet Pathak, CEO of Synapse.

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Lineage Bank, a traditional community bank based in Franklin, Tennessee will serve as a sponsor bank to Synapse and its affiliates, providing core banking services such as FDIC deposit insurance, payment processing, and card issuance.

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“Lineage is committed to staying on the leading edge of banking technology to better serve our local customers and reach new ones,“ said Kevin Herrington, CEO of Lineage Bank.

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Sources

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help@synapsefi.com

* Synapse-Enabled Services services are offered through Synapse Financial Technologies, Inc. and its affiliates (collectively, “Synapse”). Synapse is not a bank and is not affiliated with any Platform Operator.

Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information.
The Partner Financial Institution(s) participating in a Synapse cash management program can be found in the List of Program Banks.
Deposit, Banking and Card services are provided by Synapse Financial Technologies, Inc.’s partner banks.
Credit services are provided by Synapse Credit LLC, a licensed U.S. lender in designated states.
Use of the Synapse-Enabled Services are subject to the Terms of Service.

Use of our (Synapse Financial Technologies, Inc.) services are subject to our Terms of Service.

Synapse Welcomes New Bank Partner, Lineage Bank, Expanding Our Multi-Bank Partnership Strategy

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Carla McMorris

August 16, 2022

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